Powell, Ohio Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Powell, Ohio rental market.
Powell, Ohio
Average Apartment Rent
$1,807
Y-o-Y Change in Average
Apartment Rent
-1.9%
As of March 2026
Compared to a year ago, Powell, Ohio apartments have recorded a -1.9% rent decrease.
Powell, Ohio Average apartment rent trend
Powell, Ohio Average Apartment Rent
Powell, Ohio Apartment rent ranges
At 48.22%, apartments priced $1,500 - $2,000 represent the bulk of Powell, Ohio rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.37%.
Powell, Ohio Housing tenure**
Renters take up 8% of Powell, Ohio real estate, occupying a total of 391 units, while homeowners live in 4,502 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$75,547
Average household size of renter-occupied housing units**
1.62
Rental vacancy rate**
16.1%
Powell, Ohio Renter-occupied housing units by no. of bedrooms**
There are 172 rentals in Powell, Ohio with 2 beds making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 24 units. Overall, the median number of rooms in Powell, Ohio homes for rent is 4.6.
Powell, Ohio Renter-occupied units by age of householder**
Most condos for rent in Powell, Ohio are occupied by residents in the 75 - 84 years age group (23%), followed by those in the 65 - 74 years age group (21%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 2%.
Powell, Ohio Renter-occupied housing units by family type**
Powell, Ohio Renter-occupied housing units by the presence of own children**
A total of 117 apartments for rent in Powell, Ohio, or 30% of all rentals are family households. Additionally, 6% of rental homes include children under the age of 18 – that’s 24 units. All in all, the median size of a renter-occupied household in Powell, Ohio is 1.62.
Powell, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 47% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Powell, Ohio.
Powell, Ohio Renter-occupied units by year structure built**
The highest share of Powell, Ohio apartment rentals, namely 49% or 192 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (28%, 109 units), and the ones Built 2000 - 2009 (12%, 46 units).
Powell, Ohio Renter-occupied units by year householder moved in**
Powell, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 60% of Powell, Ohio renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 13% have No vehicle available.
Powell, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Powell, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Powell, Ohio apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
